What we have here is a failure to communicate... Paul Newman (rest his soul) wasn’t failing to get the signals. What he was dealing with was a problem only partly of his own making. Once you climb into bed with the Canaccords of the world, you have to know what that means. It means you give the keys to the entity that can command that “any man forgets his number spends a night (or the next “X” years) in the box.”
I wish Cynthia and the rest at Sernova would acknowledge this. The value manipulators here are whipping the life out of us. Any time someone comes in and tries to right the choices of the past, they should simply say “past private placements that have put legacy owners of this company in the down position.” Now, the new board and the new leadership must sell this company for a percentage of its true value, because we don’t have the funding resources to carry through all that still needs to be proven out. More Private Placements is NOT the answer here - that’s what got this going downhill in the first place.
Cynthia sounds like she knows what’s going on…don’t get me wrong. And, the science has never been something that I’ve questioned. It was always about who to partner with going forward. PT got Witkowski, but he also got the Edmonton protocol guy. He got Brett, but the also got Ray.
Hopefully Cynthia sees this as a very temporary gig, relative to PT’s using this as his cash flow ticket. Find the highest bidder and let's get outta jail here.
DF